February 2010

Wednesday, February 24, 2010 to Thursday, February 25, 2010

Poorly drafted business agreements can lead to increased liability, litigation costs, and insurance risks for your business. Legal practitioners, business executives, and contracts specialists deal with a variety of fundamental business agreements on a regular basis to help establish and maintain important relationships with clients, suppliers and contractors. Build into all such agreements are "must-know" terms and conditions including confidentiality, non-compete, limitation of liability, indemnities, and warranties and representations. In turn, these agreements play a key role in other major contracts such as IT and business process outsourcing, IP licensing, purchasing, business financing, shareholder, cross-border, and securities agreements. All such agreements are pivotal in safeguarding your commercial profitability and credibility, and fatal errors in contract formation can result in devastating litigation costs, damages, deficits, and diminished credibility and goodwill. It is therefore vital, particularly in the current post-credit crunch climate, to gain a critical understanding of key legal developments and updates of these agreements, as well as to review essential elements forming such documentation.